Job Purpose
The Assistant Manager, Internal Audit -Compliance Audit will support the Manager, Shared Services in conducting riskÃÂâÃÂÃÂÃÂÃÂbased reviews to provide assurance on the Bank's adherence to applicable banking laws, regulations, prudential guidelines, circulars, and directives issued by the Central Bank and other regulatory bodies. The role strengthens the Bank's governance, risk management, and internal control environment by identifying compliance risks, evaluating the effectiveness of existing controls, and recommending improvements to enhance compliance and mitigate exposure across business and support functions. The role holder will also perform routine and non-routine internal audits, investigations, procedures/ policies review, project participation and other administrative assignments.
Key Responsibilities
Assist the Manager in planning & executing compliance and control audits. Performs a survey of functions and activities in assigned areas to determine the nature of operations, compliance requirements and the adequacy of the system of control to achieve the objectives of the audit assignment. Prepares the audit plan and the audit work program for the assigned audit in line with department standards.
Evaluate the effectiveness of controls, compliance frameworks and governance processes within the assigned areas. Review documentation, processes and practices to identify control gaps, compliance breaches, or operational risks.
Maintain audit working papers and documentation in accordance with internal audit standards and methodologies.
Manage the individual audit assignments to ensure that professional standards are maintained and all assigned audit steps are executed within the approved time budget.
Make presentations to the management during and after the audit, to discuss observations and recommend corrective action to improve compliance.
Prepare detailed audit reports outlining findings, risks and recommendations for management action Maintain a positive relationship with key stakeholders.
Provides input for the revision of audit programs/review approach to achieve specific objectives in a more effective/efficient manner.
Follow up with the auditee to get an update on the audit action plan and appraise the adequacy of corrective actions taken to mitigate the risks.
Cultivate a culture of learning and development; seek coaching and mentoring from supervisors to enhance their skills and capabilities.
Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAs of the department.
Stay current with regulatory changes, industry trends and best practices. Assist in training and raising awareness on compliance and governance issues across the bank.
Leverage technology solutions, including AI, to enhance IA's efficiency and effectiveness.
All the above accountabilities include, but are not limited to, any additional/new tasks or responsibilities assigned by the line Manager.
Job Specification
Education Bachelor's degree in Law, Accounting, Finance, Business Administration, or a related field + Professional Certificates such as CPS/CPA/CIA or compliance-related qualifications are preferred.
Training / Skills Proficient in MS Office and TeamMate Audit Management Software.
Work Experience Minimum 3-5 years of experience in compliance, risk management, internal audit, or financial crime roles within banking or financial services Prior experience in a Compliance-related role within the Financial Industry will be an added advantage.
Competencies Behavioural: Excellent analytical, investigative and report-writing skills. excellent communication and interpersonal skills to interact with various stakeholders, Customer Focus and Assertiveness.
Core technical (knowledge and skills): Sound knowledge of Kenyan banking, of banking laws, AML/CFT regulations, including customer due diligence (CDD/KYC), data protection laws and regulatory frameworks, labour laws and corporate governance frameworks.
Sharia: Fundamentals of Islamic Banking, Islamic Financing Banking Products